Timeline
CPIAUG 14, 2023

CPI Inflation at 7.45%

CPI for Jul 2023; tomato price surge

5.2σ
NIFTY 50+0.19%vs T-60 baseline
USD / INR+0.52%vs T-60 baseline
INDIA VIX+5.30%vs T-60 baseline
10Y G-SEC+0.28%vs T-60 baseline
Cross-Asset Reaction Window
Surprise Analysis
Surprise DeviationHistorical volatility metric
0.0σ

Actual Print7.45%
Consensus6.50%

Macroeconomic Assessment

Major CPI surprise of 5.2σ — expect volatility.

Cross-Asset Reaction Matrix
Asset ClassT−60T+30T+2HT+1D
Nifty 50NIFTY-+0.03%+0.03%+0.19%
USD / INRUSDINR-+0.12%+0.12%+0.52%
India VIXVIX-+4.17%+4.17%+5.30%
10Y G-SecGSEC-+0.10%+0.10%+0.28%